Sublease Extension Agreement between North State Grocery, Inc. and North Valley Bank

Summary

North State Grocery, Inc. (Landlord) and North Valley Bank (Tenant) have agreed to extend the term of their original lease, which began on December 31, 1997. This extension is effective January 1, 2003, as allowed under the original lease terms. Both parties have signed the agreement to confirm the extension. The agreement does not specify additional changes beyond the extension of the lease term.

EX-10.LL 5 ex10_ll.txt EXHIBIT 10.LL SUBLEASE-EXTENSION This Sublease Extension is executed as of the date set forth by the signatures hereon and is by and between NORTH SATE GROCERY, INC., a California corporation (the "Landlord"), whose address is P.O. Box 0439, Cottonwood, California 96022 and North Valley Bank (the "Tenant"), a California corporation, whose current address is P.O. Box 994630, Redding, CA 96099-4630. RECITALS A. Lessor desires to execute the "extended term" option effective January 1, 2003, per Article 3, paragraph 3.2 of the original Lease entered into on December 31, 1997. B. A copy of the above referenced Lease is attached. EXECUTED at Cottonwood, California on the dates hereinafter set forth. LANDLORD: NORTH STATE GROCERY, INC. By: --------------------------------- RICHARD E. MORGAN, JR. President Date: ------------------------------- TENANT: /s/ ------------------------------------ NORTH VALLEY BANK Date: 8-7-03 ------------------------------- 95